View All - 2026 Acts Section No : Acts & Ordinances INSTITUTE OF REAL ESTATE PROFESSIONALS, SRI LANKA ACTMarginal Notes1. This Act may be cited as the Institute of Real Estate Professionals, Sri Lanka Act, No. 6 of 2026.2. Establishment of the Institute of Real Estate Professionals, Sri Lanka3. Objects of the Institute 4. Powers, duties and functions of the Institute5. Members of the Institute and grading of membership 6. Application for membership of the Institute 7. Period of membership and renewal of membership8. Disqualifications to be a member, disenrollment and cancellation of registration, disciplinary powers and procedure 9. Use of title of the Institute 10. Register of members 11. Council of the Institute 12. Term of office of the members of the Council 13. Meetings of the Council14. Special Meeting of the Council15. President of the Council 16. Secretary of the Council17. Treasurer of the Council18. Committees of the Council19. Delegation of powers of the Council 20. Seal of the Institute 21. Annual general meetings of the Institute22. Special general meeting of the Institute23. Staff of the Institute24. Fund of the Institute25. Audit of accounts26. Institute deemed to be a scheduled institution within the meaning of the Anti-Corruption Act27. Code of Professional Conduct28. Rules of the Institute29. Institute established under section 2 to be the successor of the Institute of Real Estate and Valuation30. Interpretation 31. Sinhala text to prevail in case of inconsistency